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Railways operating ratio in 2017-18 worst in 10 years: CAG

The operating ratio shows how efficiently the railway is operating and how healthy its finances are.

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Indian Railways

New Delhi, Dec 2 : The Indian Railways’ operating ratio at 98.44 per cent in 2017-18 was the worst in the last 10 years, the national auditor, Comptroller and Auditor General (CAG), said in a report tabled in Parliament on Monday.

A measure of expenditure against revenue, the operating ratio shows how efficiently the railway is operating and how healthy its finances are. An operating of 98.44 per cent means that the Railways spent Rs 98.44 to earn Rs 100.

The CAG said that the Railways would have ended up with a negative balance of Rs 5,676.29 crore instead of surplus of Rs 1,665.61 crore but for the advance received from NTPC and IRCON.

“Exclusion of this advance would otherwise have increased the operating ratio to 102.66 per cent,” the auditor said.

Indian Railways was unable to meet its operational cost of passenger services and other coaching services. Almost 95 per cent of the profit from freight traffic was utilized to compensate for the loss on operation of passenger and other coaching services.

Review of the impact of concessions allowed to passengers revealed that 89.7 per cent of the revenue foregone towards concessions was on account of concession to senior citizens and Privilege Pass/Privilege Ticket Orders (PTO) holders.

The CAG in its report said that the response to the ‘Give Up’ scheme from the senior citizen passengers was not encouraging.

“Several instances of misuse of passes and irregular grant of concessions on medical certificates were noticed. Passenger Reservation System lacks adequate validation controls to validate age of freedom fighters and to prevent irregular multiple booking on the same privilege pass,” the CAG said.

The audit analysis of the finance accounts of Indian Railways revealed a declining trend of revenue surplus and the share of internal resources in capital expenditure. The net revenue surplus decreased by 66.10 per cent from Rs 4,913.00 crore in 2016-17 to Rs 1,665.61 crore in 2017-18.

The share of internal resources in total capital expenditure also decreased to 3.01 per cent in 2017-18.

“This had resulted in greater dependence on Gross Budgetary Support and Extra Budgetary Resources,” the CAG said.

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India

NRC-Citizenship Bill a lethal combo in Centre’s hand to prosecute people: Prashant Kishor

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Prashant Kishor

New Delhi, Dec 12: Janata Dal (United) vice-president Prashant Kishor said that together with the NRC it can turn into a lethal combo in the hands of the Centre to systematically discriminate and even prosecute people based on religion.

Kishor on Monday had expressed his disappointment after Bihar Chief Minister and party supremo Nitish Kumar decided to support the Centre over the Citizenship (Amendment) Bill, 2019.

Apart from Kishor, some senior leaders such as KC Tyagi and Pavan Verma also expressed unhappiness over their party’s support to the Bill.

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India

Citizenship Amendment Bill protests: Flights, trains to Assam, Tripura suspended

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Protest against Citizenship Amendment Bill

Tripura, Dec 12: Train services, flights to Assam and Tripura have been suspended due to security reason as Guwahati was placed under indefinite curfew while Army was called in at four places and Assam Rifles personnel were deployed in Tripura as the two northeastern states plunged into chaos over the hugely emotive Citizenship (Amendment) Bill.

Thousands of people against the contentious Citizenship (Amendment) Bill descended on the streets of Assam, setting of protests of a magnitude unseen since the violent six-year movement by students that ended with the signing of the Assam accord.

Day four proceedings of the Ranji Trophy games in Guwahati and Agartala were on Thursday suspended due to the curfew imposed in the region following protests over the Citizenship (Amendment) Bill. Hosts Assam were in the middle of their series-opener against Services Sports Control Board (SSCB) while Tripura were facing Jharkhand.

BJP General Secy Ram Madhav: We are happy that the #CitizenshipAmendmentBill has been passed in both the Houses of the Parliament & it will soon become an Act. It’ll give great relief to millions of refugees who came to India decades ago&are living here as stateless people.

AAP MP Sanjay Singh has given ‘Suspension of Business Notice’ in Rajya Sabha under rule 267, on ‘protest in Assam, Tripura & northeastern region over #CitizenshipAmendmentBill2019

Jitendra Singh, Union Min of State for Development of North Eastern Region: Misleading statements made by Rahul Gandhi y’day tend to fish in troubled waters of Brahmaputra&trying to seek crutches of some of disgruntled elements to revive their fortune

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India

Citizenship Amendment Bill: Kapil Sibal to represent IUML in SC

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kapil sibal

New Delhi, Dec 12: Senior Advocate Kapil Sibal to represent Indian Union Muslim League (IUML) in the Supreme Court on the Citizenship Amendment Bill 2019 passed by the Parliament on Wednesday by the Narendra Modi government.

IUML in its petition has pleaded the Supreme Court to declare Citizenship Amendment Bill 2019 as illegal and void.

Indian Union Muslim League (IUML) have filed a writ petition against Citizenship Amendment Bill 2019 in Supreme Court today.

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